{"id":291208,"date":"2026-08-04T15:54:09","date_gmt":"2026-08-04T19:54:09","guid":{"rendered":"https:\/\/ncrc.org\/?p=291208"},"modified":"2026-08-04T15:54:17","modified_gmt":"2026-08-04T19:54:17","slug":"proposal-to-overhaul-fair-lending-rules-draws-housing-industry-backlash","status":"publish","type":"post","link":"https:\/\/ncrc.org\/proposal-to-overhaul-fair-lending-rules-draws-housing-industry-backlash\/","title":{"rendered":"Proposal to overhaul fair lending rules draws housing industry backlash"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">July 31, 2026, Scotsman Guide, <a href=\"https:\/\/www.scotsmanguide.com\/news\/proposal-to-overhaul-fair-lending-rules-draws-housing-industry-backlash\/\" target=\"_blank\" rel=\"noopener\">Proposal To Overhaul Fair Lending Rules Draws Housing Industry Backlash<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The National Community Reinvestment Coalition (NCRC) said in a statement that the proposal would \u201cdrastically weaken banks\u2019 obligation to meet the credit needs of low- and moderate-income communities.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Jesse Van Tol, NCRC\u2019s president and CEO, said that instead of helping working-class people, \u201cnow it lets hundreds of banks off the hook, and dramatically reduces the obligation for others.\u201d<br>Van Tol said he was particularly concerned about the proposal to raise the large-bank threshold to $10 billion and to leave banks below $1 billion with no community investment obligation.<br>\u201cBank capital drives the creation of affordable housing in this country, and they do it because of CRA,\u201d said Van Tol. \u201cNow hundreds of banks won\u2019t have the obligation to do so, and hundreds more will have a weaker requirement, which will further deepen our housing crisis.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>July 31, 2026, Scotsman Guide, Proposal To Overhaul Fair Lending Rules Draws Housing Industry Backlash The National Community Reinvestment Coalition (NCRC) said in a statement that the proposal would \u201cdrastically weaken banks\u2019 obligation to meet the credit needs of low- and moderate-income communities.\u201d Jesse Van Tol, NCRC\u2019s president and CEO, said that instead of helping [&hellip;]<\/p>\n","protected":false},"author":4662,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_angie_page":false,"content-type":"","_uag_custom_page_level_css":"","_monsterinsights_skip_tracking":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center 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31, 2026, Scotsman Guide, Proposal To Overhaul Fair Lending Rules Draws Housing Industry Backlash The National Community Reinvestment Coalition (NCRC) said in a statement that the proposal would \u201cdrastically weaken banks\u2019 obligation to meet the credit needs of low- and moderate-income communities.\u201d Jesse Van Tol, NCRC\u2019s president and CEO, said that instead of helping&hellip;","_links":{"self":[{"href":"https:\/\/ncrc.org\/wp-json\/wp\/v2\/posts\/291208","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ncrc.org\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ncrc.org\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ncrc.org\/wp-json\/wp\/v2\/users\/4662"}],"replies":[{"embeddable":true,"href":"https:\/\/ncrc.org\/wp-json\/wp\/v2\/comments?post=291208"}],"version-history":[{"count":1,"href":"https:\/\/ncrc.org\/wp-json\/wp\/v2\/posts\/291208\/revisions"}],"predecessor-version":[{"id":291209,"href":"https:\/\/ncrc.org\/wp-json\/wp\/v2\/posts\/291208\/revisions\/291209"}],"wp:attachment":[{"href":"https:\/\/ncrc.org\/wp-json\/wp\/v2\/media?parent=291208"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ncrc.org\/wp-json\/wp\/v2\/categories?post=291208"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ncrc.org\/wp-json\/wp\/v2\/tags?post=291208"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}